According to the public record, 8B , Avery Row, London is a period leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 8, Avery Row, London, W1.
Avery Row, London, W1 is located in the borough of City of Westminster within the W1 postal district.
8B , Avery Row, London has 31 entries in the Land Registry database, most recently in July 2013 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8B Avery Row London as £777,752 and the rental value as £2,904 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 8B Avery Row London has decreased by £7,354 (0.9%) and its rental value has increased by £159 per month (5.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 8B , Avery Row, London is in very good condition we estimate a sale value of £816,639 and rental value of £3,049 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £723,309 and a rental value of £2,701 per month.
If you were able to purchase this property for the estimated value of £777,752, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,822 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 8B , Avery Row, London was last sold on 18 Jul 2013 for £999,995 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2013, the market for similar properties has risen 6.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8B , Avery Row, London within a radius of 440 metres over the last 2 years.
The most recent example is Flat 1, 18, Bruton Place, London, W1J 6LY, a Leasehold flat which sold for £700,000 in Oct 2020.
Read more about house prices in W1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Avery Row, London, W1 has a total of 19 addresses. According to our analysis of all the public data, 8B , Avery Row, London is the 16th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £1.222m less expensive than the average property in W1.
8B , Avery Row, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 May 2021.
The property is connected to mains gas and has full secondary glazing. It is heated using a boiler and radiators.
The closest station to 8B , Avery Row, London is Bond Street (Elizabeth line) station which is 300 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8B , Avery Row, London, 46.2% of property is privately rented and 22.0% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 8B , Avery Row, London, 16.0% of residents are recorded as possessing school level qualifications and 75.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 8B , Avery Row, London, the average age was 37.9 and the most common age was 22.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 8B , Avery Row, London, 0.7% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 8B , Avery Row, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.